Auto Repair For Sale • 4,410 SF
Brand-new 20-year lease featuring 2% annual rental increases |
Lease is guaranteed by tenant’s parent company – Griffin Enterprises, LLC |
Absolute NNN structure making this a truly “hands-off” investment |
New Jiffy Lube Multicare prototype – Brakes, Tires, Batteries, EV Maintenance, & More |
Extremely strong corporate revenues and net income (ask Agent for more details) |
Affluent residential demographics – average household incomes of $127,678 within a 3-mile radius of the subject property |
Cap Rate: | 6.00 % |
Airport | Drive | Walk | Distance |
---|---|---|---|
Reno/Tahoe International | 37 min | - | 15.5 mi |